The University of Maryland's Technology Extension Service (MTES) last week announced a new RFID assessment program for a limited number of companies at no cost.
"RFID has fully emerged due to technological breakthroughs in the past five years," says Paul Vinikoor MTES manager and certified RFID technologist. "Companies of all sizes can now take advantage of the productivity, security gains and enhancements it offers. International standards have also made it possible to buy hardware from many suppliers, and have lowered costs."
MTES offers Maryland companies on-site RFID assessments that begin with a review of a company's productivity or security-related issues. Possible RFID solutions are then studied, after which a report is provided including potential costs and return on investment.
"While RFID can help many companies save substantially through improved efficiencies, it is not a panacea for everyone," says Vinikoor.
A recent Aberdeen Group report revealed that 38% of enterprises using RFID are doing so to improve costs, safety and reliability of managing work-in-process. Aberdeen also reported that best-in-class organizations using RFID for work-in-process reduced incidence of process failure by at least 20%, improved process throughput by at least 10%, and experienced at least a 15% labor cost savings.
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